Player A Top Bottom Left 2,2 3,4 Player B Right 3,1 2,0 (Bottom, Left) is the only pure strategy Nash equilibrium. Top, Left) and (Bottom, Right) are two pure strategy Nash equilibria. There is no pure strategy Nash equilibrium in this game. Top, Right) is the only pure strategy Nash equilibrium. (Bottom, Left) and (Top, Right) are two pure strategy Nash equilibria.

Microeconomic Theory
12th Edition
ISBN:9781337517942
Author:NICHOLSON
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Chapter8: Game Theory
Section: Chapter Questions
Problem 8.2P
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Consider a payoff matrix of a game shown below. In each cell, the number on the left is a payoff for Player A and the number on the right is a payoff for Player B. 

refer to image and pick answer

 

 

Player A
Top
Bottom
Left
2,2
3,4
Player B
Right
3, 1
2,0
(Bottom, Left) is the only pure strategy Nash equilibrium.
(Top, Left) and (Bottom, Right) are two pure strategy Nash equilibria.
There is no pure strategy Nash equilibrium in this game.
(Top, Right) is the only pure strategy Nash equilibrium.
(Bottom, Left) and (Top, Right) are two pure strategy Nash equilibria.
Transcribed Image Text:Player A Top Bottom Left 2,2 3,4 Player B Right 3, 1 2,0 (Bottom, Left) is the only pure strategy Nash equilibrium. (Top, Left) and (Bottom, Right) are two pure strategy Nash equilibria. There is no pure strategy Nash equilibrium in this game. (Top, Right) is the only pure strategy Nash equilibrium. (Bottom, Left) and (Top, Right) are two pure strategy Nash equilibria.
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